{"id":108573,"date":"2021-03-03T20:49:30","date_gmt":"2021-03-03T20:49:30","guid":{"rendered":"https:\/\/fin2me.com\/?p=108573"},"modified":"2021-03-03T20:49:30","modified_gmt":"2021-03-03T20:49:30","slug":"bank-of-america-co-head-of-global-oil-trading-departs-sources","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/bank-of-america-co-head-of-global-oil-trading-departs-sources\/","title":{"rendered":"Bank of America co-head of global oil trading departs – sources"},"content":{"rendered":"
FILE PHOTO: A Bank of America logo is seen outside a bank branch in Charlotte, North Carolina January 19, 2010. REUTERS\/Chris Keane<\/figcaption>

NEW YORK (Reuters) – Charles Sussman, managing director and co-head of global oil trading at Bank of America Merrill Lynch (BAML), has left after nearly 10 years with the firm, two sources familiar with the matter said on Wednesday.<\/p>\n

A spokeswoman for BAML declined to comment. Sussman did not respond to a request for comment.<\/p>\n

Wall Street often sees staffing changes around this time of the year after bonuses are handed out.<\/p>\n

Bonuses for some traders at BAML were largely flat even though the bank\u2019s trading desk had positive returns last year, one of the sources said.<\/p>\n

Bank of America cut some of its staff in the global banking and markets division last week, Bloomberg News reported.<\/p>\n

It was not immediately clear whether Sussman\u2019s departure was related to the cuts.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: A Bank of America logo is seen outside a bank branch in Charlotte, North Carolina January 19, 2010. 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